Euler Motors

Raised $46.6M in a Series E round, announced 24 March 2026.

Total raised
$46.6M

Latest round Series ECountry IndiaSector Climate & Energy

Round

$46.6MSeries E, 24 March 2026

Equity of ₹437.5 Cr (plus ₹250 Cr separate debt) to scale manufacturing and broaden its product portfolio.

Amount
$46.6M
Stage
Series E
Announced
24 March 2026
Lead
Lightrock
Other investors
Hero MotoCorp, Blume Ventures
Use of funds
Equity of ₹437.5 Cr (plus ₹250 Cr separate debt) to scale manufacturing and broaden its product portfolio.
Checked
Amount and date matched across 2 press sources
Sources
Euler Motors raises ₹437.5 Cr Series E led by Lightrock autocarpro.in
Euler Motors raises ₹437.5 Cr Series E led by Lightrock inc42.com
Newsletter Startup rounds, in your inbox.

Free. Unsubscribe anytime.

Company

Makes electric commercial vehicles for cargo and logistics

Based in
Delhi, India
Sector
Climate & Energy
Website
eulermotors.com ↗

Links

Website
eulermotors.com ↗

Questions

How much has Euler Motors raised?

Euler Motors raised $46.6M in a Series E round, announced on 24 March 2026.

Who invested in Euler Motors?

Lightrock led. Investors include Lightrock, Hero MotoCorp and Blume Ventures.